ACORD

Raising the Standard for More Than 50 years

General Information
Company Name
ACORD
Founded Year
1970
Location (Offices)
Little Falls, United States +2
Founders / Decision Makers
Number of Employees
303
Industries
-
Funding Stage
-
Social Media

ACORD - Company Profile

ACORD is the global standards-setting body for the insurance and related financial services industries. Founded in 1970, ACORD has been a trailblazer in identifying ways to help its members make improvements across the insurance value chain for more than 50 years. The organization, with offices in New York and London, engages more than 36,000 participating organizations spanning 100 countries, including insurance and reinsurance companies, agents and brokers, software providers, financial services organizations, and industry associations.

ACORD facilitates fast, accurate data exchange, and efficient workflows through the development of electronic standards, standardized forms, and tools to support their use. Its members include hundreds of insurance and reinsurance companies, agents and brokers, software providers, financial services organizations, and industry associations. Implementing ACORD Standards improves data quality and flow, increases efficiency, and realizes billion-dollar savings to the global insurance industry. With the tools and resources provided by ACORD, its members are equipped to address current business and technology imperatives while influencing and shaping the future.

Taxonomy: insurance industry standards, data exchange, workflow efficiency, reinsurance, global industry associations, business and technology imperatives, insurance value chain optimization, electronic standards development, data quality improvement, industry-specific forms, international reach, business process optimization, technology integration

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